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King Pays Tribute To Gordon Brown

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Pass the sick bag, the gong is in the post.

http://money.aol.co.uk/king-pays-tribute-t...620172109990044

King pays tribute to Gordon Brown

Last Updated: Thursday, 21 June 2007, 16:44 GMT

- Search: Bank governor Brown

Mervyn King has paid tribute to Chancellor Gordon Brown

Mervyn King has paid tribute to Chancellor Gordon Brown

Bank of England Governor Mervyn King has paid tribute to Gordon Brown's contribution to a "remarkable decade for the British economy".

Speaking after the Prime Minister-in-waiting made his final annual Mansion House address as Chancellor, he said he hoped he would be "equally bold" in his new role.

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Watching our newly unelected PM standing outside No. 10 with his grim countenance contrasting with TB's cheery Cheshire Cat smiles does send shivers down my spine. TB was a bit like Bill "Big Bill" Clinton--always cheery, spinning everything but more likable than the alternatives. Within days the shouting and berating colleagues will begin and we could start to see cabinet resignations pile up very soon.

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Dear Gordon

Please find attached details my proposed speech. Please make any changes you see fit.

Your obedient lap dog

Mervyn

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Guest Yeahbutnocrash
Pass the sick bag, the gong is in the post.

http://money.aol.co.uk/king-pays-tribute-t...620172109990044

King pays tribute to Gordon Brown

Last Updated: Thursday, 21 June 2007, 16:44 GMT

- Search: Bank governor Brown

Mervyn King has paid tribute to Chancellor Gordon Brown

Mervyn King has paid tribute to Chancellor Gordon Brown

Bank of England Governor Mervyn King has paid tribute to Gordon Brown's contribution to a "remarkable decade for the British economy".

Speaking after the Prime Minister-in-waiting made his final annual Mansion House address as Chancellor, he said he hoped he would be "equally bold" in his new role.

Is that coded language for trying to get his boss the sack? - Give 'em enough rope... :D

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10 years, no recession. Considering that every chancellor in history would do anything to prevent recession but almost always fail you cannot fail to be impressed by his achievement (or luck).

Gordon survived because the world experienced 10 years of credit expansion. That part of the cycle is now over and with it the careers of those whose legacies depended on it continuing.

TB got out at precisely the right time. Big Al also got out at the right time before the proverbial hit the fan in the US.

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Pass the sick bag, the gong is in the post.

http://money.aol.co.uk/king-pays-tribute-t...620172109990044

King pays tribute to Gordon Brown

Last Updated: Thursday, 21 June 2007, 16:44 GMT

- Search: Bank governor Brown

Mervyn King has paid tribute to Chancellor Gordon Brown

Mervyn King has paid tribute to Chancellor Gordon Brown

Bank of England Governor Mervyn King has paid tribute to Gordon Brown's contribution to a "remarkable decade for the British economy".

Speaking after the Prime Minister-in-waiting made his final annual Mansion House address as Chancellor, he said he hoped he would be "equally bold" in his new role.

It is remarkable, we've managed to price an entire generation out of owning a home!

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